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Author Topic: What is Ampleforth Protocol (FORTH)?  (Read 280 times)

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What is Ampleforth Protocol (FORTH)?
« on: October 13, 2022, 12:51:51 PM »
Ampleforth Protocol or FORTH (FORTH/USDT – Trade it here) is a decentralized financial infrastructure that drives financial innovation. Through AMPL Account Unit Protocol, FORTH DAO Governance Protocol, Future Inflation-Resistant Store of Value Protocol. Ampleforth develops and drives adoption of the fundamental building blocks for the new digital economy. This article covers everything you need to know about the Ampleforth ecosystem and a guide on how to buy FORTH tokens.

FORTH DAO Introduction
The Forth DAO is a decentralized autonomous organization that only works to embrace and promote AMPL. It can accomplish this by carrying out actions that help the core goal, such as marketing, ecosystem development, protocol owned liquidity, and others. Owners of FORTH tokens have the power to control funds managed by the DAO.

Protocol Owned Liquidity
In automated market-making platforms (such as Uniswap), when a wallet deposits tokens on both sides of the liquidity pool, LP tokens are returned to the depositor, reflecting the wallet's share of the entire liquidity pool, and these LP tokens are Collect deals. Fees to holders.
Protocol Owned Liquidity is the total quantity of LP tokens held in the FORTH DAO treasury. By participating in governance, holders of FORTH tokens can influence how treasury assets are used to increase or decrease liquidity.

Ecosystem Grants
FORTH token holders will also be able to vote for grants for groups and initiatives promoting a greater and more resilient financial ecosystem on Ampleforth, if the proposed grant program is approved.

How to buy FORTH tokens?
You can buy FORTH on MEXC following the steps:

Log in to your MEXC account and click [Trade]. Click on [Spot].
Search “FORTH” using the search bar to see the available trading pairs. Take FORTH/USDT as an example.
Scroll down and go to the [Spot] box. Enter the amount of FORTH you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy FORTH] to confirm your order. You will find the purchased FORTH in your Spot Wallet.

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What is Ampleforth Protocol (FORTH)?
« on: October 13, 2022, 12:51:51 PM »

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